Business Proposal for a Creatine Monohydrate Chemical Company
Introduction.
I give thanks for you to take the time to read and review my business proposal for the development of a granite creatine monohydrate chemical company which is a solution to the limited supply of the laboratory chemical products which has been experienced over the past decade. After doing a background check I came to realize that there is the need for a development of a chemical company producing majorly creatine monohydrate to offer the solution of scarcity in the availability and supply of the product which up to now is imported.
Creatine monohydrate is a dietary supplement commonly used by world athletes, this product was approved by the FDA as an athlete food with its major functions being strength improvement, muscle mass, and even endurance. Over the past few years, the product called creatine has become a popular supplement of body building used today, the product is majorly sold in many forms through discount including discount chains, stores of health food, and drug stores (.Bagchi, et al 2013).
I am confident that my company will meet the needs and to deliver the product exceptionally in time and within the budget, in the case of any questions and concerns please always feel free to directly contact me.
Sincerely,
Senders; (first name) (last name)
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Problem statement;
According to (Brunner, et al 2013), As it stands the few producers of the creatine monohydrate happen to be located in oversea countries with only limited companies in this continent supplying the product, this challenge makes it difficult for the efficiency in the distribution strategy and efficient supply since the few manufacturers who exist also only sell through a layered system which has caused limited supply of the product thus most customers unable to reach the product timely. I also realize that I would be the only sole domestic source and supply of this product creatine monohydrate.
My company has therefore developed a drink which is creative based and its one of its kind. I , therefore, hope to begin marketing the product in six months’ time.
Proposed solution;
A lot of scientific research has been done on the product creatine monohydrate, as a matter of fact, no chemical product as a body building supplement has been on the front of scientific research like this product and as a matter of fact proven facts have shown 100%safety use of the product. Creatine monohydrate is always synthesized in the human body from three amino acids by the liver. Creatine product is a source of energy for anaerobic reaction processes in the body thus helps a lot in the intense athlete training since it has a proven ability to always greater gains by the users due to increased strength and power (Sullivan,et al 2009 ).
Justification;
Due to the market analysis and the experience from interaction with the creatine monohydrate demanding customers, I have realized that the market potential and sales potential can be over one million euros due to the high demand of this product in both …
